Getting California Term Life Insurance Quotes is like leasing a car. You purchase death benefits for a specified period –usually 5, 10 or 20 years. When the period is over, it’s like turning in the leased car. The deal is done and you walk away. Term insurance pays a specific lump sum to your designated beneficiary if you should die during the term of the policy. The policy protects your family by providing money they can invest to replace your salary, and to cover immediate expenses incurred by your death. Term life insurance is best for young, growing families, when financial needs are especially low. Buying Permanent insurance- either universal or whole life insurance- in California is like buying a car you plan to drive forever. As long as you pay the proper premiums, permanent insurance stays in force as long as you live. It provides protection for your dependents by paying a death benefit to your designated beneficiary upon your death. In addition, a portion of your premiums are deposited into a tax-deferred cash value account that you can use while you are alive. Whole Life, Universal Life and Variable-Universal Life are examples of permanent life insuranc
Life Insurance.Net California Insurance Agency Offices
California State Life Insurance License Number: 0d75361
California Department of Insurance: The state insurance department website includes consumer and licensee resources including a listing of all licensed life insurance agents and companies which make up the California Life insurance market..
Department of Insurance
California Life & Health Insurance Guarantee Association The state life insurance guaranty association works to guarantee the safety of all coverage, even in the event that the insurance company becomes insolvent.
Life Insurance Guaranty Association
California Company Ratings
AM Best is the most prominent ratings company reviewing California life insurance companies based on their ability to pay claims. At Life Insurance.Net we work only with A and A+ rated life insurance companies.
Life Insurance Carrier Ratings
Here is a complete list of the State Departments of Insurance
Learn more about our wonderful state. Check out Netstate’s California State Almanac